Business News and Headlines
Business
November 26, 2020
Elys Names Matteo Monteverdi Senior Gaming Industry Executive
Effective from January 1, 2021, Matteo Monteverdi is going to be the new CEO of the gaming and sports betting technology company Elys. Mr. Monteverdi brings over 20 years of experience in the industry and will help the company grow to become a market leader. Elys Appoints New CEO The interactive gaming and sports betting […]
Business
November 26, 2020
NJ CCC Signals the Go-Ahead for GNOG – Landcadia Merger
The online gaming arm of Golden Nugget received a boost from the New Jersey Casino Control Commission (CCC), as the regulator approved the combination between Golden Nugget Online Gaming (GNOG) and the special purpose acquisition company (SPAC) Landcadia Holdings II. Path to Merger Completion Cleared During its special meeting on Wednesday, the CCC signaled the […]
Business
November 26, 2020
Betcris Launches Portuguese-language Website in LatAm
Latin America continues to be an attractive market for Betcris which is preparing to capitalize on the continent’s immense potential. Latin America to Lead the Way in Sports Betting Betcris is expanding the scope of its operations by launching a dedicated website localized for Brazil. The bt.betcris.com brand will focus on bolstering the company’s activities […]
Business
November 26, 2020
Gambling.com Group Receives Approval To Operate in Tennessee and Illinois
Gambling.com Group has received approval to provide its marketing services to Illinois and Tennessee. KAX Media American in Tennessee Digital marketing services giant Gambling.com Group announced on November 24 that its US subsidiary KAX Media America has secured a 3-year license from the Sports Wagering Committee of the Tennessee Education Lottery Corporation to operate in […]
Business
November 25, 2020
IGT’s PlaySports Set to Power Maverick’s Colorado Casinos
Sports betting technology supplier International Game Technology (IGT) announced a multi-year agreement with Maverick Gaming. According to the terms of the deal, the three Maverick Gaming casinos in Colorado will have sports betting operations powered by IGT’s PlaySports leading platform. PlaySports Roll Out at Maverick’s Casinos The agreement will allow IGT to provide its turnkey […]
Business
November 25, 2020
Philippine Gross Gaming Revenue Increases by 600% in Q3 2020
In the third quarter of 2020, PAGCOR’s GGR increased significantly when compared to Q2 2020. However, a year-on-year comparison for Q3 reveals a decrease of 70% in gaming revenue. PAGCOR Q3 GGR Increases from Q2 2020 Earlier this week, the Philippine Amusement and Gaming Corporation (PAGCOR) revealed the latest numbers outlining the gross gaming revenue […]
Business
November 25, 2020
Bankruptcy Court Approves the Las Vegas Monorail Sale
The sale of the Las Vegas Monorail to the Las Vegas Convention and Visitors Authority (LVCVA) was approved by a judge Tuesday, enabling the tourism authority to acquire the elevated transit system. LVCVA Approved the Monorail Purchase In September, the LVCVA approved the $24.26 million purchase of the 3.9-mile train system from the not-for-profit Las […]
Business
November 25, 2020
GiG Gets License to Carry WSN Sports Betting Operations in Michigan
GiG said on Monday it has secured a sports betting license in Michigan for its affiliate website WSN.com. GiG’s flagship sports news brand will now operate in 10 states across the US. WSN Now Licensed in 10 US States Sports betting technology provider Gaming Innovation Group (GiG) announced on November 23 that it has successfully […]
Business
November 25, 2020
Burgundy Calls Apollo’s $2.5bn Great Canadian Bid Opportunistic
Apollo Global Management Inc may not be offering enough as part of its C$2.5 billion takeover bid for Great Canadian Gaming Corp. Or at least this is what one of the shareholders thinks, as they have opted to hold onto their shares in Great Canadian, Bloomberg reported. Burgundy Asset Management Ltd, one of the major […]
Business
November 25, 2020
GVC Appoints Dr Mark Griffiths to Lead Consumer Protection
GVC is tapping into the talent of Dr. Mark Griffiths, a behavioral specialist with over 30 years of experience, to spearhead the company’s responsible gambling practices. Dr Mark Griffiths Steps in as Online Addiction Specialist for GVC GVC Holdings’ position on responsible gambling and consumer protection has only been improving, with the company now […]